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Issuers
US high yield default rate falls to 5.4%, says Moody's
Monday, August 9, 2010
Moody’s calculates that the US high yield default rate fell in July to a rolling 12-month rate of 5.4% from 6.4% the previous month. Meanwhile, the European high yield default rate rose from 5.7% to 6.2%, driven higher by the spike in European defaults, most of which is accounted for by Wind Hellas.
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Trading
Funds
Structured
CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
